News

Coface Country Risk Update: Improvements in USA and UK While Major Emerging Economies Struggle

03/25/2014

A new country risk outlook by global credit insurer Coface notes an upturn in growth for the advanced economies (1.9% forecast for 2014 versus 1.2% in 2013.) As a result, Coface has positively adjusted country risk assessment for the United States to A1 and the United Kingdom to A3 positive watch. The level of risk has increased in the major emerging economies, however. The assessments for Brazil, Ghana, Russia, Thailand, Turkey and Venezuela have been either downgraded or placed on negative watch.

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Coface Payment Study: China sees highest level of corporate overdue payments since 2010

03/06/2014

Coface’s survey of corporate credit risk management in China, carried out in the fourth quarter of 2013, revealed that 8 out of 10 companies in China experienced overdue payments in 2013. The chemical, industrial machinery and household electric and electronic appliances sectors are at higher risk. Since credit facilities will remain tight in 2014, a deterioration in corporate payments could lead to a significant ripple effect in China’s shadow banking market.

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Brokers Missing Out on Big Opportunities in Trade Credit Insurance Market

02/13/2014

Agents and brokers who are not selling trade credit insurance – also known as receivables insurance – are missing huge opportunities but also opening themselves up to errors and omission (E&O) exposures, according to trade credit insurance experts.

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Coface, the leading credit insurer in Latin America, receives license to issue policies in Colombia

02/10/2014

Direct product offering in nine of the region’s countries

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